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Significant shareholders stand firmly in support, and the product is 'rising towards high', indicating long-term investment value for Horizon Robotics-W (09660).
On April 18, Horizon officially launched the L2 urban assist driving system - Horizon HSD.
Horizon Robotics Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
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[Brokerage Focus] SWHY gives Horizon Robotics-W (09660) a "Buy" rating, indicating a definite upward trend in the short-term Industry Chain's prosperity.
Jinwu Financial News | SWHY's research indicates that by the end of 2024, Horizon Robotics-W (09660) will hold over 40% market share in China's OEM ADAS market; ranked second among independent third-party providers of driving assistance solutions in China; cumulative delivery of product solutions has exceeded 7.7 million units. The firm states that under the technological paradigm of algorithm + chip + compilation collaborative optimization, the company has accumulated three generations of BPU architecture and experience in the design, optimization, and mass production of algorithm architecture. The brand-new Nash architecture (used in Journey 6) natively supports the large parameter Transformer algorithm, which is highly efficient.
Horizon Robotics (09660) leads the Robot Concept; Institutions expect that the mass production plans of leading Ontology manufacturers will drive the ecological layout of the domestic components supply chain.
Jinwu Financial News | The concept of robotics continues to be hyped. UBTECH (09880) submitted an application for full circulation of Listed in Hong Kong to the China Securities Regulatory Commission last Thursday, with its stock price still rising by 8.14%. Among other concept stocks, Horizon Robotics (09660) increased by 14.56%, COWELL (01415) rose by 7.47%, Yuanjiang (02432) went up by 7.21%, Suton Ju Chuang (02498) climbed by 6.68%, and FOURTH PARADIGM (06682) grew by 5.14%. According to TrendForce data, there are already 11 mainstream humanoid robot Ontology manufacturers in the Chinese market in 2024.
What You Can Learn From Horizon Robotics' (HKG:9660) P/S After Its 30% Share Price Crash
